The AIM-listed explorer said the 13-hole programme included a near-surface interval of 16.86 metres grading at 1.42 grams per tonne (g/t) gold, with mineralisation predominantly related to quartz vein and hydrothermal silica breccia, with associated demagnetisation of the basalt host rocks.
WATCH: Oriole Resources moving towards drilling in Cameroon as new campaign gets underway in Senegal
The highest grades were related to the presence of sulphide-rich chalcedonic silica and it said that there is “good potential for resource delineation in the structural zone between the Pandora and Pyrrha veins, subject to further exploration and infill drilling”.
"We are very pleased to see continued success with the drilling at Pandora, reconfirming this project as a highly prospective gold target”, Oriole chief executive Tim Livesey said in a statement.
"If drilling continues to deliver grades and widths like these, this could quickly be built into a resource with open pit potential. We look forward to further updates as the programmes in Djibouti restart”, he added.
Oriole's shares were 7.4% higher at 0.37p in mid-morning trading on Thursday.
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